Description

This paper studies the performance of several different physical clearing mechanisms in the electricity market. The study is done using the simulation tool, Marketecture, developed at the Los Alamos National Laboratory. Two cities, Portland and Chicago, are used for simulating the physical clearing algorithms. The algorithms were chosen according to their ability to serve as a proxy for some of the well known policies. Our results show that, based on the economic measures chosen, both cities perform very similarly under the different physical clearing mechanisms.

Date of creation, presentation, or exhibit

2004

Comments

©2009 IEEE. Personal use of this material is permitted. However, permission to reprint/republish this material for advertising or promotional purposes or for creating new collective works for resale or redistribution to servers or lists, or to reuse any copyrighted component of this work in other works must be obtained from the IEEE.

Document Type

Conference Proceeding

Department, Program, or Center

Computer Science (GCCIS)

Campus

RIT – Main Campus

Share

COinS